The Security Dollar Bank in Niles, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2000

  • The Security Dollar Bank in Niles, Ohio (OH)
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The Security Dollar Bank - Overview

  • General
  • FDIC Certificate #: 15220
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Farmers National Bank of Canfield (#6540)
    Federal Reserve ID: 618423
    Date Established: November 04, 1904
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Interstate: No)
    OTS Docket #: 10672
    FDIC's unique #: 9575
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 11, 1935
    Last Structure Change Effective Date: December 31, 2000
    Last Structure Change Process Date: Febuary 08, 2001
    Last Data Update: Febuary 08, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: One South Main Street, Niles, OH 44446
    County: Trumbull
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Youngstown-Warren, OH (#9320)
    Combined Statistical Area (CSA): Youngstown-Warren-East Liverpool, OH-PA (#566)
    Core Based Statistical Area (CBSA): Youngstown-Warren-Boardman, OH-PA (#49660)
    CBSA Metro Statistical Area: Youngstown-Warren-Boardman, OH-PA (#49660)
  • Financial Summary
  • Total assets: $159.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

  • Dollar figures in thousands
  • 92Total employees (full-time equivalent)
  • $172,266Total assets
  • $8,608Cash and due from depository institutions
  • $497Interest-bearing balances
  • $38,065Securities
  • $8,950Federal funds sold & reverse repurchase agreements
  • $109,539Net loans & leases
  • $1,650Loan loss allowance
  • $0Trading account assets
  • $4,899Bank premises and fixed assets
  • $0Other real estate owned
  • $509Goodwill and other intangibles
  • $0Life insurance assets
  • $1,696All other assets
  • $172,266Total liabilities and capital
  • $158,832Total liabilities
  • $146,021Total deposits
  • $127,046Interest-bearing deposits
  • $146,021Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $9,406Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,000Other borrowed funds
  • $0Subordinated debt
  • $405All other liabilities
  • $13,434Total equity capital
  • $13,434Total bank equity capital
  • $13,434Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $3,450Undivided profits
  • Memoranda
  • $9,384Noncurrent loans and leases
  • $10,843Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,225Earning assets
  • $43Long-term assets (5+ years)
  • $551Average Assets, year-to-date
  • $157,051Average Assets, quarterly
  • $73,415Volatile liabilities
  • $170,719Insider loans
  • $170,848FHLB advances
  • $24,442Loans and leases held for sale
  • $28Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4Total risk weighted assets
  • $10,843Total unused commitments
  • $784Restructured Loans and leases
  • $1,339Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $12,069Total interest income
  • $6,079Total interest expense
  • $5,990Net interest income
  • $970Provision for loan and lease losses
  • $949Total noninterest income
  • $0Fiduciary activities
  • $584Service charges on deposit accounts
  • $0Trading account gains & fees
  • $365Additional noninterest income
  • $5,145Total noninterest expense
  • $2,629Salaries and employee benefits
  • $691Premises and equipment expense
  • $1,825Additional noninterest expense
  • $824Pre-tax net operating income
  • $7Securities gains (losses)
  • $174Applicable income taxes
  • $657Income before extraordinary items
  • $0Extraordinary gains - net
  • $657Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,123Sale, conversion, retirement of capital stock, net
  • $125Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.74%Yield on earning assets
  • 3.90%Cost of funding earning assets
  • 3.84%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 3.30%Noninterest expense to earning assets
  • 0.38%Net operating income to assets
  • 0.38%Return on assets (ROA)
  • 0.49%Pretax return on assets
  • 4.83%Return on equity (ROE)
  • 3.91%Retained earnings to average equity (YTD only)
  • 1.02%Net charge-offs to loans
  • 86.38%Credit loss provision to net charge-offs
  • 1.60%Efficiency ratio
  • 73,109Assets per employee
  • 1.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.03%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 134.69%Noncurrent assets plus other real estate owned to assets
  • 0.71%Noncurrent loans to loans
  • 1.10%Net loans and leases to deposits
  • 75.02%Net loans and leases to core deposits
  • 82.37%Equity capital to assets
  • 7.80%Core capital (leverage) ratio
  • 7.91%Tier 1 risk-based capital ratio
  • 12.87%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $170,719Average earning assets
  • $13,589Average equity
  • $155,954Average loans

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